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| Larry Gellerstedt |
ATLANTA, GA--Cousins Properties Incorporated (NYSE:CUZ)
announced today that it has been selected by Genuine Parts Company to develop a
150,000 square foot corporate headquarters building in the Northwest submarket
of Atlanta, Georgia.
Designed by HKS Architects and Hendrick Interior Design,
Genuine Parts' headquarters building will be located adjacent to its existing
Shared Services support building which was purchased from Cousins in 2009.
Cousins developed the concept and site solutions for this project and will act
as the fee developer.
"We are very excited to have another opportunity to
work with Genuine Parts, a company with a rich history and an incredible track
record for success," said Larry Gellerstedt, president and chief
executive offices of Cousins.
"Cousins and Genuine Parts have a long-time
relationship that spans multiple decades, and we are honored to help expand the
company's footprint in Atlanta."
Construction is slated to begin during the first quarter of
2015 with an anticipated occupancy in the summer of 2016.
Cousins Properties Incorporated is a fully integrated,
self-administered and self-managed real estate investment trust (REIT).
The Company, based in Atlanta, GA, primarily invests in
Class-A office assets located in high growth Sunbelt markets, with a focus on
Georgia, Texas and North Carolina. The Company has a comprehensive strategy in
place based on a simple platform, trophy assets and opportunistic investments.
For a complete copy of the company’s news release, please
contact:
Cousins Properties Incorporated
Marli Quesinberry, 404-407-1898
Director, Investor Relations
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